GLDD · As filed with the SEC
Great Lakes Dredge & Dock income statement, by fiscal year
The statement as Great Lakes Dredge & Dock presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD
| USD | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|---|
| Contract revenues | 888,277,000 | 762,693,000 | 589,625,000 | 648,781,000 | 726,149,000 | 733,601,000 |
| Costs of contract revenues | 684,792,000 | 602,117,000 | 511,893,000 | 617,608,000 | 580,879,000 | 562,373,000 |
| Gross profit | 203,485,000 | 160,576,000 | 77,732,000 | 31,173,000 | 145,270,000 | 171,228,000 |
| General and administrative expenses | 77,970,000 | 70,769,000 | 57,056,000 | 51,117,000 | 62,134,000 | 62,757,000 |
| PROCEEDS FROM LOSS OF USE CLAIM | — | — | — | — | — | (1,723,000) |
| (GAIN) LOSS ON SALE OF ASSETS—Net | — | — | — | 7,792,000 | (294,000) | (1,571,000) |
| Other gains | (2,273,000) | (2,998,000) | (7,543,000) | — | (294,000) | — |
| Operating income | 127,788,000 | 92,805,000 | 28,219,000 | (27,736,000) | 83,430,000 | 111,765,000 |
| Interest expense—net | (16,751,000) | (17,880,000) | (12,140,000) | (14,108,000) | (21,601,000) | (26,585,000) |
| Loss on extinguishment of debt | (10,822,000) | — | — | — | — | — |
| Other income | 105,000 | 460,000 | 2,233,000 | (1,571,000) | 994,000 | 1,110,000 |
| Total other expense | — | — | (9,907,000) | (15,679,000) | (20,607,000) | (25,475,000) |
| Income before income taxes | 100,320,000 | 75,385,000 | 18,312,000 | (43,415,000) | 62,823,000 | 86,290,000 |
| Income tax benefit | (26,851,000) | (18,120,000) | (4,406,000) | 9,360,000 | (13,391,000) | (20,187,000) |
| Net income | 73,469,000 | 57,265,000 | 13,906,000 | (34,055,000) | 49,432,000 | 66,103,000 |
| Basic earnings per share | 1.1 | 0.85 | 0.21 | (0.52) | 0.75 | 1.02 |
| Basic weighted average shares | 66,869,000 | 67,085,000 | 66,469,000 | 66,051,000 | 65,587,000 | 64,743,000 |
| Diluted earnings per share | 1.08 | 0.84 | 0.21 | (0.52) | 0.75 | 1 |
| Diluted weighted average shares | 67,747,000 | 67,847,000 | 66,957,000 | 66,051,000 | 66,301,000 | 65,872,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.